V. Leeladhar appointed Deputy Governor of the RBI
Mumbai: V. Leeladhar, Chairman and Managing Director, Union Bank of India and Chairman, Indian Banks' Association, has been appointed Deputy Governor of the Reserve Bank of India with immediate effect. Leeladhar is expected to take charge on Tuesday.

The appointment is for a period of four years.

Leeladhar has been the CMD of Union Bank of India for the past four years since April 24, 2000. Prior to this, he was the Chairman and Managing Director of Vijaya Bank, where his tenure was three years beginning April 23, 1997. Leeladhar is also a director in the boards of the Agriculture Finance Corporation, General Insurance Corporation and Export Credit Guarantee Corporation.
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Prabhakar Rao is new CGA at Finance Ministry
New Delhi: H. Prabhakar Rao, a 1969 batch Indian Civil Accounts Service officer, has assumed charge as Controller-General of Accounts (CGA) at the Finance Ministry with effect from September 17.

An official release said that Rao has wide experience in the areas of budgeting, finance and accounts.

Besides the Central Board of Excise and Customs in the Finance Ministry, Rao has also worked in various other Ministries including the Ministry of Steel, Mines and the External Affairs.
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